About 17 lakh investors, mostly in West Bengal, who have lost crores of rupees in the Saradha chit fund scam are fast losing hope. The scandal continues to roil West Bengal political circles with several ruling Trinamool Congress leaders being implicated and some arrested. Even West Bengal Chief Minister Mamata Banerjee's name has been dragged into the sordid mess. Indrani Roy presents a FAQ on what the scam is about and the main players behind it.
Defence Minister Manohar Parrikar said in the Lok Sabha that former Air chief S P Tyagi and Gautam Khaitan, both accused in the case, are "small people" who "simply washed their hands in a flowing ganga (of corruption)" and that the government will 'find out where the river was going'.
'As someone who has had the opportunity of cross examining Vinod Rai, extensively over three days as part of the Joint Parliamentary Committee, many of us included I had concluded at that point of time that this report rests on the foundation of sand.'
Pandey is living in New Delhi along with his family.
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
Prakash Bhandari chalks the journey of Lalit Modi from his troubled adolescent days to his mid-life crisis, from his grand success at the India Premier League to his dramatic exit from it
The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.
We present our alphabet of 2020, pulling in everything you'll remember about this year we'd rather forget.
Three years after the horrific massacre of Sikh worshippers at the Oak Creek, Wisconsin, gurdwara by a gunman with ties to supremacist organisations, a federal system to help track hate crimes against Sikhs, Hindu, Arab American communities has been formalised.
A glance back at some of the important ups and down Indian Inc faced in 2018.
The SC said that it was the duty of the state governments to ensue law and order in society.
'People do not want a 'maha milavat' (highly adulterated) government of those who assembled in Kolkata.'
62 mass murders carried out with firearms across 30 US states. Of these, 12 were in schools, 19 at workplaces, the other 31 cases took place in shopping malls, restaurants, government buildings and military bases. The average age of the killers was 35, with the youngest only 11 years old. B S Raghavan on how the killings will continue until America confronts the urgent need for gun control.
With an aggressive Opposition and unyielding government, important legislation could be the biggest casualty, as details of the helicopter contract surface.
'It was only relatively recently that Subhash Kapoor was able to secure the sources in India, Afghanistan and Cambodia, that allowed him to get the really highest level objects, and that helped propel him in recent years up the ranks.'
Against estimates of black wealth of Rs 300 lakh crore and black money in cash of Rs 3 lakh crore by economist Arun Kumar, the PMGKY numbers fall short by a huge margin.
In the circumstances, an independent probe alone would establish the truth, starting from Koodangulam. It is more so in the case of Marina violence, which may even at this late hour hold a candle to the events and developments in Thoothukudi, says N Sathiya Moorthy.
"We've vetting very, very strongly. Very, very strongly. But we need help, and we need help by getting that executive order passed," he said.
'This arrest was totally unnecessary and disproportionate to the gravity of charges. What was truly required was a more measured and calculated approach, keeping in mind the strain such an action could cause to the growing bilateral relationship between these two great nations.' Indian-American organisations condemn Indian diplomat Devyani Khobragade's arrest.
The 'Raj Bhavan/Nakkeeran Gopal case', in which editor S Gopal was arrested in the morning and set free by the court in the afternoon, is not the first one where the Tamil Nadu's once-reputed police force is seen as faltering in the eye of the law, says N Sathiya Moorthy.
From citizenship rights to hate crimes and police brutality, no wave of persecution in the US has left Indians completely untouched.
'Let us not say that Modi has not delivered on anything; he has delivered something and in parts substantially, but he has to also deliver on a large number of his electoral promises.'
'The difference between black money in India and the black money out of India is, in India, it is tax evaded money and Indian money outside India is not only tax evaded money, but money which has been taken out of India's capital resources needed for India. So it is not only tax evasion, but treason too.'
If the radical Islamic movement had been largely peaceful, Headley would have probably found another way to ensure real life excitement.' 'But I really do believe that his relationship with radical Islam is real. Very real.' 'It was a match for his desires.'
he has to demonstrate the ability of his government to take a quantum leap, almost tantamount to setting the Ganga on fire, in the next six months, if not in 100 days, if the people were to take seriously the cascade of commitments spewing out of the President's address to both Houses of Parliament on June 9, says B S Raghavan. B S Raghavan suggests five practical propositions through which the Modi government can bring in paradigm changes.
The government has provided a long-term vision.
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